The pair British Pound/US Dollar (GBP/USD) goes from the bearish trendline upwards
An ascending movement up to the next resistance level at 1.35748 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 1.34903 could occur.
Consider stop-loss settings accordingly.
Then a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36613 |
| 2nd High | 1.35817 |
| Next High | 1.35748 |
| Current Price | 1.34870 |
| Next Low | 1.34903 |
| 2nd Low | 1.34694 |
| 3rd Low | 1.34343 |
1.35748 – 1.35362 – 1.35346 – 1.34903 – 1.34694 – 1.34752 —
1.35354 – 1.35033 —
47.491724194235 – 27.256479220772 —
– —
1.35748 – 1772078400
Trading Signals: FOREX – GBP – GBP/USD – USD – – Double bottom retreat down – – – – – – – –